2004 Visitor Plant Inventory

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2004 Visitor Plant Inventory 2004 VISITOR PLANT INVENTORY March 2005 Research and Economic Analysis Division This report has been catalogued as follows: Hawai‘i. Dept. of Business, Economic Development and Tourism. Research and Economic Analysis Division. Visitor plant inventory. Honolulu: 2000– Annual. Continues report published by the Hawai’iVisitors and Convention Bureau 1. Hotels-Hawai‘i. 2. Resorts-Hawai‘i. TX911.2.H29.2004 TABLE OF CONTENTS PREFACE .........................................................................................................................................1 OVERVIEW.......................................................................................................................................2 METHODS AND PROCEDURES ....................................................................................................5 VISITOR PLANT INVENTORY AVAILABLE UNITS – 1965 TO 2004 ..............................................8 SUMMARY BY ISLAND AND TYPE ...............................................................................................10 CLASS OF UNITS...........................................................................................................................21 2004 VISITOR PLANT INVENTORY – LIST OF PROPERTIES ....................................................27 TIMESHARE PROPERTIES BY ISLAND AND AREA ...................................................................56 LIST OF NON-RESPONDENTS ....................................................................................................59 PLANNED ADDITIONS AND NEW DEVELOPMENTS ..................................................................93 LIST OF TABLES Table 1: Available Units by County, 1965 To 2004......................................................................9 Table 2: Existing Inventory by Island and Type .........................................................................11 Table 3: Summary by Area and Type .......................................................................................16 Table 4: Class of Units by Island ..............................................................................................24 Table 5: Class of Units by Type ................................................................................................26 Table 6: Timeshare Properties by Island and Area ...................................................................57 Table 7: Planned Additions to and Subtractions from O’ahu Supply ........................................94 Table 8: Planned Additions to and Subtractions from Hawai’i Supply .......................................95 Table 9: Planned Additions to and Subtractions from Maui Supply ...........................................96 Table 10: Planned Additions to and Subtractions from Kaua’i Supply.........................................97 i LIST OF FIGURES Figure 1: Existing Inventory by Island.........................................................................................12 Figure 2: Summary by Type - State............................................................................................12 Figure 3: Summary by Type – O’ahu..........................................................................................13 Figure 4: Summary by Type – Hawai’i .......................................................................................13 Figure 5: Summary by Type – Kaua’i..........................................................................................14 Figure 6: Summary by Type – Maui ...........................................................................................14 Figure 7: Summary by Type – Moloka’i ......................................................................................15 Figure 8: Summary by Type – Lana’i..........................................................................................15 Figure 9: Class of Units by Island ..............................................................................................23 Figure 10: Class of Units by Type ................................................................................................25 ii PREFACE This report was prepared by the Research and Economic Analysis Division of the State of Hawai’i Department of Business, Economic Development & Tourism (DBEDT), under the direction of the division administrator, Dr. Pearl Imada Iboshi, and with assistance from OmniTrak Group Inc. Hawai’i Visitors and Convention Bureau (HVCB) first published the Visitor Plant Inventory in 1964 and every year thereafter, except 1995 and 1998. HVCB did not conduct a survey in 1995 and did not publish hard copies of the report in 1998. Act 156, Session Laws of Hawai’i 1998, transferred the tourism research program from HVCB to DBEDT. DBEDT has been responsible for collecting and disseminating data on Hawai‘i’s visitor industry since July 1, 1998. As part of the tourism research program, in 2004, DBEDT conducted its sixth survey on statewide visitor rooms. This report provides the results of the visitor accommodation survey. Specifically, data on the number of visitor rooms, island distribution, type of property and class of rooms are presented. For the purpose of consistency, this report continues to use HVCB’s definitions and format of reporting. This report is also posted on the DBEDT website: http://www3.hawaii.gov/dbedt/tourism For further information about the available data and sources, users should call the DBEDT Library at (808) 586- 2424, or email: [email protected] 1 OVERVIEW 2 OVERVIEW Total statewide visitor plant inventory in 2004 increased 2.6 percent from the previous year to 72,614 visitor units (Table 1). Kaua’i county reported the highest growth rate (+11.7%) with Hawai’i county experiencing the second highest growth rate (+5.9%). O’ahu and Maui counties follow with 0.9% and 0.8%, respectively. Just under half of the statewide visitor units in 2004 were located on O’ahu. This is a slight decrease from 2003 where just over 50 percent of visitor units were located on O’ahu. Maui County continues to have the second largest share of visitor units, followed by Hawai’i and Kaua’i counties. Hotels continued to comprise the majority (66.4%) of visitor units statewide. Condo/hotel properties accounted for the second largest share of visitor units at 19.1 percent. Timeshare units accounted for 8.3 percent of the total of visitor units followed by individual vacation unit properties (2.6%). Bed & Breakfasts and hostels each comprised less than 1 percent of total visitor units (Table 2, Figure 2). Statewide, there were a total of 6,026 registered timeshare units as of May 2004, up 16.8 percent from previous May. Of these, a total of 5,921 timeshare units were in operation (Table 6), up 24.3 percent from 4,762 units as of May 2003. All counties reported an increase in the number on operating timeshare units. Close to 34 percent or 2,016 timeshare units in 2004 were in operation on Kaua’i, 1,432 units were on Maui, 1,338 were on Hawai’i, 1,128 were on O’ahu and 7 units were on Moloka’i. The majority of timeshare units (59.6%) in operation were cross-listed as condominium hotels, 16.4 percent or 970 units were in the hotel category, 2.8 percent or 163 units were listed as individual vacation units and less than 1.0 percent or 10 units in operation were listed as apartment hotels, and 21.1 percent or 1,250 units were in the ”Other” category. Unlike the 2003 report, timeshare units were pulled from the primary property types and listed separately. However, timeshare establishments were included in the count of their primary property types and not counted separately since many properties have both hotel and timeshare units. Visitor units categorized as “Standard” ($101 to $250 per night rack rate), comprised the largest percentage of the total units statewide in 2004. The second largest group of units were those classified as “Deluxe” ($251 to 3 $500 per night), followed by those in the “Budget” ($100 or less per night) and “Luxury” (over $500 per night) categories (Table 4 and Figure 9). By island, 86.2 percent of O’ahu visitor units were classified as “Standard” or “Deluxe”. Similarly, the majority of the visitor units on Kaua’i, Hawai’i, Maui and Moloka’i were also in the “Standard” or “Deluxe” price range. In contrast, most of the visitor units on Lana’i (95.2 percent) were in the higher-priced “Deluxe” and “Luxury” classes. Of the 1,209 properties that responded to the survey in 2004, 1,150 properties reported their units by class (Figure 10 and Table 5). Over half of the condominium properties (7,884 units) categorized their units as “Standard.” Among hotels, 42.1 percent of the units were classified as “Deluxe” and 39.2 percent were “Standard” units. Hotels had the largest percentage share of “Luxury” units compared to other types of visitor accommodations. 4 METHODS AND PROCEDURES 5 METHODS AND PROCEDURES The 2004 Visitor Plant Inventory presents the results of DBEDT’s enumeration of visitor accommodations in Hawai‘i. Existing visitor accommodations as of May 1, 2004 as well as planned developments and additions to existing developments are catalogued. Visitor Plant Inventory Survey: Information about transient accommodations was gathered mainly from a survey of existing visitor accommodation properties and management companies. Survey forms were sent to general managers, property managers and other individuals who could provide information about the property. The survey provided information about available units, planned additions and other
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